• queermunist she/her@lemmy.ml
    link
    fedilink
    arrow-up
    4
    ·
    edit-2
    10 months ago

    That means venture capital funds, hedge funds and private equity funds are not required to report their ownership information, even though the FBI has said such opaque entities are among those used in criminal money laundering.

    So basically, corporate money laundering has been decriminalized. Not much different than before, but at least they’re saying the quiet part out loud now.